Cushman & Wakefield arranged the sale of a single-tenant net leased automotive service property at 134 E. Ovilla Road in Red Oak, Texas.
Cushman & Wakefield’s Shane Carter and Chris Hollenbeck represented the seller, Atlas Capital
Partners, LLC, in the transaction. The property was acquired by AZNYREDOAK, LLC.
134 East Ovilla Road features a ±4,092-square-foot automotive service building constructed in 1998. The building is leased to Grease Monkey International, LLC (operating as Kwik Kar) under an absolute NNN lease structure with no landlord responsibilities.
Located in a prominent retail hub, the property benefits from frontage on Ovilla Road with immediate access to the I-35 freeway. The site is an outparcel to a Walmart Supercenter and shares access with national tenants such as AutoZone, Dollar Tree and Anytime Fitness.
The property’s strategic location provides excellent accessibility for both customers and employees. Immediate access to I-35 connects Red Oak to downtown Dallas in approximately 25 minutes, while the surrounding retail corridor offers a wide variety of shopping, dining and service options.
